Essel Group Link Emerges to Company Being Probed for Suspect Demonetisation Deposits

The Serious Fraud Investigation Office (SFIO) is currently probing a a company called Nityank Infrapower (formerly Dreamline Manpower), for deposits of over Rs 3,000 crore made just after demonetisation (November – December 2016).

2) The Wire’s examination of publicly available documents show Nityank and a group of shell firms carried out financial transactions that involved a few firms associated with the Essel Group of Subhash Chandra between 2015 and 2017.